A stochastic system model of an educational institute

摘要: Abstract This paper is aimed at the development of a stochastic model for an academic institution. It argued that many parameters such institute can only be effectively modelled in probabilistic sense. proposed all which cause deterministic to erroneous lumped together as white noise term state variable model. shown covariance well part recursively estimated on basis known performance over period post several years. Once identified it prediction future possible. The various concepts are illustrated data collected from existing institute.